Albert von Thurn und Taxis Net Worth

What is Albert von Thurn und Taxis' Net Worth?

Albert von Thurn und Taxis is a German aristocrat, race car driver, and businessman who has a net worth of $1.6 billion. Albert von Thurn und Taxis is the 12th Prince of Thurn and Taxis, and his father, Johannes, was previously head of the family house. As a racing driver, Albert has competed in the FIA GT3 European Championship, ADAC GT Masters, FIA European Rally Championship, and FIA World Rally Championship.

Early Life and Education

Albert von Thurn und Taxis was born on June 24, 1983 in Regensburg, Germany to businessman Johannes and his socialite wife Gloria, who was 33 years his junior. He has two older sisters named Maria and Elisabeth. They are all members of the noble House of Thurn and Taxis, which was led by Johannes from 1982 until his death. As descendants of King Miguel I of Portugal, Albert and his sisters are also related to a number of reigning hereditary heads of state in Europe. Upon the death of his father in 1990, Albert became the world's youngest billionaire when he inherited $3 billion (as well as $500 million in debt) and became the 12th Prince of Thurn and Taxis. His mother played a critical role in maintaining the family fortune until he was able to take over its management when he reached legal age.

After earning his high school degree in Rome, Albert did his military service. He went on to study economics and theology at the University of Edinburgh. Much later, Albert returned to Rome and attended graduate school at the Pontifical University of Saint Thomas Aquinas, where he earned a doctorate in philosophy in 2022. His dissertation was entitled "Rational Nature or Wishful Thinking? Freedom & Rationality in Aquinas and Their Medieval Critique."

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Motorsport Career

Albert began his career as a racing driver with the team Reiter Engineering. In 2006, driving a Lamborghini Gallardo in the FIA GT3 European Championship, he won the Lamborghini Manufacturers' Cup and helped Reiter finish eighth overall in the Teams' Championship. The next year, Reiter moved its Gallardos to the newly created ADAC GT Masters series and proceeded to win the Teams' Championship. Reiter's Christopher Haase won the Drivers' Championship, while Albert came in second alongside his partner Peter Kox. Albert finished second in the drivers' standings again in 2008, this time paired with Haase. He finally won the Drivers' Championship in 2010, alongside Kox. Albert has also competed in the FIA European Rally Championship and the FIA World Rally Championship on several occasions. He drove a Škoda Fabia R5 in the 2018 and 2019 World Rally Championships and the Škoda Fabia Rally2 evo in the 2021 World Rally Championship.

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